Quotes About Economy

By 2060, India's economy is projected to be larger than China's because of its greater population growth. India is forecast to produce about one-quarter of world GDP from 2040 through the rest of this century.

The S&P 500 Index originally contained exactly 425 industrial, 25 rail, and 50 utility firms, but these groupings were abandoned in 1988 in order to maintain, as Standard & Poor's claimed, an index that included "500 leading companies in leading industries of the economy.

China will be the world's largest economy when its per capita income reaches 25 percent of that of the United States, which is forecast to occur around 2016.

the economy of China will become twice the size of the U.S. economy in 2025 if both countries' per capita income continues to grow at recent rates.

Africa remains a small part of the world economy until 2070, when it begins to expand rapidly, reaching 14 percent, the same size as the economy of China, by the end of the century.

There is a good reason why stocks are not reacting to Fed policy as they have in the past. Investors have become so geared to watching and anticipating Fed policy that the effect of its tightening and easing is already discounted in the market. If investors expect the Fed to stabilize the economy, this will be built into stock prices long before the Fed even begins to take its stabilizing actions.

The laws of thermodynamics tell us something quite different. Economic activity is merely borrowing low-entropy energy inputs from the environment and transforming them into temporary products and services of value. In the transformation process, often more energy is expended and lost to the environment than is embedded in the particular good or service being produced.

But what if I were to say to you that 25 years from now, the bulk of the energy you use to heat your home and run your appliances, power your business, drive your vehicle, and operate every part of the global economy will likewise be nearly free? That's already the case for several million early adopters

The capitalist era is passing . . . not quickly, but inevitably.

Automobiles consumed "20 percent of the steel, 12 percent of the aluminum, 10 percent of the copper, 51 percent of the lead, 95 percent of the nickel, 35 percent of the zinc, and 60 percent of the rubber used in the U.S." by 1933.

suggest that the millennial generation, deeply affected by the Great Recession and a stagnant global economy, has begun to shift its psychic priorities from material success to living a meaningful existence.

Banks should contribute to the real economy, make a positive contribution to economic growth.

The conventional viewpoint says we need a jobs program and we need to cut welfare. Just the opposite! We need more welfare and fewer jobs.

Look at the whole criminal correction game, which is a big piece of our economy. It's just an invention. Crime is being invented to put people to work.

I like computers. I like the Internet. It's a tool that can be used. But don't be misled into thinking that these technologies are anything other than aspects of a degenerate economic system.

While some people are certainly seeing economic benefits, many others are unemployed, underemployed, without health insurance and struggling to make ends meet.

Jobs are disappearing from every sector of the economy, from engineering to health care workers, forcing hundreds of thousands of families into unemployment and low-paying jobs.

Coal is absolutely critical to our nation's economic health and global competitiveness.

Almost 70 percent of U.S. ag exports travel the upper Mississippi River and the Illinois waterway system.

Without adjustments to our economic system and regulatory policies, we may be in for an extended period of social turmoil.

One argument goes that recessions are good for female artists because when money flies out the window, women are allowed in the house. The other claims that when money ebbs, so do prospects for women.

Art usually only makes the news in America when the subject is money.

It was in the eighteenth century that England became what (Adam) Smith called "a nation of shopkeepers".... (p. 58)

The emergence of this stable, public market for state debt was the most politically significant economic innovation of the age. It allowed the British government to borrow funds at a far lower rate than had been the case when it depended on moneylenders and tax farmers—the system that remained in force in France.